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Re: Frank Pembleton post# 18199

Thursday, 01/22/2009 12:18:22 PM

Thursday, January 22, 2009 12:18:22 PM

Post# of 19037
I guess we'll have to see how the DOW handles lunch break--we've lost support in the hourly but I wouldn't be surprised to see it rally into the next hour.

here's my simplistic look at the hour--note the SAR has been pierced, which more often than not starts a ST counter move--no support on the daily--so if this fails going into the last hour--cash up into the close because tomorrow is, well, just another day.



FP........................................................

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